Barron's Buzz: Reverse January Effect on Apple?

12/28/2012 2:40PM

Did Apple sell off because investors were taking gains before the tax hike? Perhaps, but that's not the reason to buy the stock. Barron's senior editor Jack Hough previews that, and other top stories in this week's Barron's Magazine.

This transcript has been automatically generated and may not be 100% accurate.

I ... I ... welcome endeavors to live on Jethro go joining us for the top is ... of Barron's magazine senior editor Jack algae gives a sneak peek at this week's issue of Barron's ... nobody delighted to be here thank you so if the price will go for the top with our cover story right is that now the end of cash the end of cash it to say that with a certain severity and hidden raise your on exactly ... so this isn't something that happened overnight but it is something that's intensifying ... you know some some numbers here rate now at this year ... cash will account for twenty nine percent of U S payments that's down from thirty six percent a decade ago ... the worry we'll see this is in ... you know the middle income and higher income groups also makes sixty thousand or more per year cash is now just two percent ... of their spending ... so they're a lot of players in this cashless transaction card isn't selling to credit card company potentially mobile device people people do that isn't just on a landmark come ye the Cerberus Talk record covers are involved in in in transactions you have the equipment maker's you have some new were I'd dot coms and services we basically take a look of the entire landscape ... to give our projection for what cashless transactions are gonna look like years now on which stocks are to be the big winners wonderful it's a start open our brands and we have about your story this week that is not a cash was transaction runaway that's absolutely that I never win the ever pull that one on Wednesday we have ... potentially a guess with the ... fiscal cliff negotiations that we mention every thirty seconds to on this paper we have is a potential for reverse to respect the ship right is that so I I were about the lack of on off on that that term is gone or our verse chain or effect ... in the GA or effect is typically were people with the end of the year to sell their losers to take some tax write offs and then sometimes you see those stocks bouncing Jane were great ... this year is just the opposite give or take a look at stocks would have big gains in recent years ... and they they have a hunch that the tax return game is going well next year so they're selling their wares early rather than sewing the losers ... and you could see these awesome and housewares ... we know they're underperforming this quarter and you could see them rebounding Jamie worry ... it's iffy this perverse share effective on a bet the farm on this but why do here as I list ... you know for companies that ... are to meet the the criteria for this are also reasonably priced into stocks are good if I anyhow and you could see a January rebound ... than just a second show up to find out about those countries in a state issue but rather any in the sector to provide anyone who won the that the poster child for this effect is Apple right Apple's been a big long term winner an recently it's getting killed a promise ... it's it becomes difficult disentangle what's going on with Apple's operations from the the potential for the people are selling for tax reasons a delicate lot there was that ... it is nothing wrong with adult people its own particular gains early ... that's not quite that clear there are some issues with Apple to get stocks at the election poll A were the same things happening but you can just look for the ones that are getting beat up now so those who want to buy for read on how to look for ones ... that look good on the fundamentals ... and so that's where we are we going to the numbers of women lists for stocks the reader operators of buying now whether this free version refresh thing is real or whether it's by ... invitation to just look of the charge to your map of the fundamentals there could be some opportunities for the so-called reverse data rather than admit that your Corning right here this week of cornea it could get an extra child to change if it's real it's not real you've got good stocks is this an interesting and one thing the Rio is an embarrasses this ... overview section as we look forward to the review of twenty thirteen if ... you look at some of the of ... the big names in money management and the resolutions for twenty thirty with God that people like GoPro Steve Dali Lands we've got ... money managers economists of assorted high finance the ... highbrow people met some other new year's resolutions are ... aam you read about those you make any new year's resolutions this year or do you plan to I Made wanted resolution which isn't a better job in the hospital we were ... doing our part to make that happen all the trouble is a couple thousand or so and if this election on the shoulder season ... I'd like to see no more than maybe to shame when to do this on camera now want a referral was a couple pounds us mind you got Leslie will make sure to read more in this week's Paris was hits ... newsstands tomorrow morning and thank you so much for joining us ...